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Get your taxes done using TurboTax
Either of the above methods will work. So, they are both correct.
If you use the 2nd method ("Less Common Income"), I suggest you get "1099-Misc" in the description, e.g. "interest income reported on a1099-Misc". That way, the 1099-Misc, you received, gets mentioned on line 8z of Schedule1.
‎July 1, 2023
1:21 PM
9,666 Views